Promoters are the overall controllers of the companies. They are instrumental in formulation of a plan or a program pursuant to which securities are offered to the public.
There are 658 sections in Companies Act, 1956 in total.
1956
labatasia
I know one company which is registered under sec-25 of the companies act 1956, its Bhartiya Micro Credit
As per the new companies Bill. The new definition says any person who has control over the affairs, directly or indirectly, whether as a shareholder, director or otherwise, or in accordance with whose advice, directions or instructions the board of directors is accustomed to act, will be considered its promoter.
To the registrar of companies and have to file the required documents as per the act
telexfree
14 schedules
I want company balance sheet as per schedule 6 part1 of the companies act. 1956.
Only Public Companies as defined in Section 3(i)(iv) of companies act 1956 can use word limited in their name.Private Companies sh Only Public Companies as defined in Section 3(i)(iv) of companies act 1956 can use word limited in their name.Private Companies shall use private limited at the end of their name and it is optional for the companies registered under section 25 of the Companies act 1956 to use word limited.
The Rate of Depreciation on Computer as per Companies Act is 40%